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Author Topic: ICOs are a legit or Scam?  (Read 32136 times)
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January 05, 2018, 11:55:09 PM
 #281

Just make sure that you've done research about ICO you want to join. There's a lot of thread that disscusing about scams.
I would love to say that there are many ICO that is really legit just like trade.io and AMLT both this ico became really successful and the people who participate and invest in both amlt and trade.io will surely can make a lot of money, and for me there some ico that is scam so beforenparticipating on some ico makensure that it is legit.
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January 05, 2018, 11:59:09 PM
 #282

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.

Usually ICOs are just becoming a scam, this is why some countries tend to ban ICOs. There were ICOs which really looks like promising, but actually also a scam.. The best way to determined wether its good for investment us to determine the credibility of the development team behind the project.
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January 06, 2018, 12:03:49 AM
 #283

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.

most ICOs are legit, ICO being a scam because their program or project is failing in promotion because no investor wants to invest one of them, so they stop midway. to choose a good ICO learn their mission vision
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January 06, 2018, 12:17:13 AM
 #284

Many ICOs are useless, some of them are legit. People can make good projects happen changing the world.
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January 06, 2018, 01:00:46 AM
 #285

invest in ICO will good if you invest on right and good ICO.
but many scam ico out there, you must research before dedicate to join an ICO.
learn their project, the team and whitepaper. don't invest if you don't understand about their project.
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January 06, 2018, 01:07:56 AM
 #286

Right now there are many ICO's which are considered as scam. But still, there are few that are legits. I guess you will just have to identify which one is a scam and which one is legit through there goals and visions.

I agree, there's so many ICO's nowadays that they not pay all their participant, that's why they considered as scam. However, there's still a legit for now, so much better to do some research before we invest in any ICO's.

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January 06, 2018, 01:12:24 AM
 #287

Well their were several icos that appears in these days, managers and ico owners are being wise, well we should be aware to all that we joining icos because we many are scam and many legit. We can identify and determine if it is a scam or legit. You need to research to the info about it, if you have been something seeing thatbis bad, you should be careful. Nowadays people are wise they will take advantage so let us be careful
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January 06, 2018, 01:34:21 AM
 #288

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.

Its really hard to determine if an ICO is legit or scam.  Before launching,  ICO tends to do everything they could just to attract investors,  but the real decision comes after the ICO ends.  Many ICOs Have succeeded,  but there are also lots where they just disappear.  Ive have been a victim many times,  even if the manager is trustworthy,  theres nothing they can do if the ICO is just a scam.

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January 06, 2018, 01:39:08 AM
 #289

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.
ICO is not a scam, ico has good project but, some of them are scam so you nedd to do is when you inter ico for envestment. Yoy need to read white paper carefully anf understand to avoid scam.

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January 06, 2018, 01:47:52 AM
 #290

 would say 7 in 10 are scam ICO projects and you can predict that from the way they have represented themselves. It was very good business earlier because ideas were new and innovative so that people can believe the project and on top of that they use to make it reality after the sufficient funds have been raised. Now a days people are very greedy about the money and they will just form a fake team and publish the ICO in want that they will raise some funds and run away. So to avoid that to happen with us we should always discuss about the specific ICO on this forum. You can find many discussions going on about the ICO here from which idea can be extracted whether to invest or not.
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January 06, 2018, 01:58:17 AM
 #291

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.
so many ICOs are selected and offered and there is also a lot of fraud in it my advice is more thorough in analyzing an ICO maybe that's my bit of advice

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January 06, 2018, 02:04:05 AM
 #292

I won't go as far to say that ICOs are scams (although some likely are), but that they aren't worth nearly as much as their hype would suggest.

Have you read in the news people saying that "Bitcoin is a bubble"? It's really the ICO hype that's the bubble. There's no reason for so many to exist, there literally isn't enough demand to support them all. Yet people create them with hope of creating something a fraction as valuable to bitcoin. And people (potentially like you) are intrigued and attracted to them because they missed out on the earliest years of Bitcoin and want to get in on "the next big thing" in its earliest days.

The only way that an ICO is legit and worthy of investment is if it offers something new and better than Bitcoin. It's very rare and difficult to do that. Particularly because there are already 10 or so alternatives to Bitcoin, which offer more anonymity, or some other tangible feature that's different from Bitcoin.

That's it!
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January 06, 2018, 02:26:35 AM
 #293

I feel ICO is a modern ponzi scheme. Do those companies really need so much money? I think the answer is no, then there is a bubble.

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January 06, 2018, 02:32:02 AM
 #294

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.

Every project depends on the team involved and their reputation. No project can survive without a great team. Also, look at the token distribution, if the company are trying to keep all the token to themselves and give a little portion to investors then it is scam but the best part is knowing what problem the ICO intend to solve and is it scalable?

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January 06, 2018, 02:56:22 AM
 #295

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.
Well, there are lots of icop nopw are much good than before. Though still majority of them are still scam shit only.
So, we need to be very careful anyhow in choosing ICO that you are going invest in to multiply your capital.
Yes i agree on that we really need to be careful because criminals is everywhere some of the ICO's is scam and some of them are legit it is really hard to make sure of everything because  we are really prone on the crimes like scam in internet.I think we need to have more experience on how to make  sense about knowing the scammers to avoid being victimized buy tbose  fool who really only think for  themselve.

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January 06, 2018, 03:04:11 AM
 #296

Not all ICO's are scam and also not all are legit. So when you are going to apply in ICO's you better first check it's background and the people or organization behind that ICO and also check if the income is good before applying a campaign.

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January 06, 2018, 03:11:40 AM
 #297

ico legit that has good teams and ideas but there are some that smell like a scam. In some situations you have and you should re-look behind the team to avoid ico scams. ICO bad lately it's hard to find a good one. Must do a lot of research and readings
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January 06, 2018, 03:26:53 AM
 #298

As far as I can see only seldom ICO's can be trusted as many of them are purposely made to lure and tricked others with their marketing plans which if you did not carefully analyze and do you researched you will be fooled by them. So before you conduct a transaction with them you need to be careful.

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January 06, 2018, 03:35:03 AM
 #299

Any investment is a step into risk. ICO is legit business but not all turn out to be good investment that is why we call scam. But there are several ICOs coming up everyday.

A key way I have developed to view ICO is product. What product does the ICO have to sell.

Another point is, is it a startup ICO or an expansion ICO. An expansion ICO is most likely going to be a good one compared to startup.

Credibility of the team. Does the team have public profile and required expertise about the product.


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January 06, 2018, 03:36:54 AM
 #300

I would state 8 of every 12 are trick ICO tasks and you can foresee that from the way they have spoken to themselves. It was great business before in light of the fact that thoughts were new and imaginative with the goal that individuals can trust the task and over that they use to make it reality after the adequate assets have been raised. Presently a days people are extremely avaricious about the cash and they will simply shape a phony group and distribute the ICO in need that they will raise a few finances and flee. So to keep away from that to occur with us we ought to dependably talk about the particular ICO on this discussion. You can discover numerous talks going ahead about the ICO here from which thought can be separated whether to contribute or not.
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